DraftKings Introduced CFTC-Approved App for Real Events

Innovative Move from DraftKings

DraftKings has introduced an application that allows users to trade on real-world outcomes, approved by the Commodity Futures Trading Commission (CFTC) regulations valid in 38 states in the U.S.

This move positions DraftKings directly in competition with rivals such as Polymarket, which focuses on crypto-themed prediction markets, and other alternatives like Kalshi and Robinhood.

The Rise of Prediction Markets

Prediction markets have become one of the biggest financial trends of this year. This rise is supported by increasing regulatory clarity and growing demand for real-time speculation.